Analysts forecast that XO Group, Inc. (NYSE:XOXO) will post sales of $40.53 million for the current quarter, according to Zacks. Two analysts have made estimates for XO Group’s earnings, with the highest sales estimate coming in at $40.72 million and the lowest estimate coming in at $40.33 million. XO Group reported sales of $36.73 million in the same quarter last year, which would suggest a positive year over year growth rate of 10.3%. The business is expected to announce its next quarterly earnings report on Wednesday, November 1st.
On average, analysts expect that XO Group will report full-year sales of $40.53 million for the current financial year, with estimates ranging from $161.69 million to $162.91 million. For the next financial year, analysts expect that the business will report sales of $177.40 million per share, with estimates ranging from $176.84 million to $177.96 million. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that follow XO Group.
XO Group (NYSE:XOXO) last released its quarterly earnings results on Monday, July 31st. The specialty retailer reported $0.11 EPS for the quarter, meeting analysts’ consensus estimates of $0.11. XO Group had a return on equity of 4.71% and a net margin of 4.55%. The company had revenue of $42.20 million during the quarter, compared to analysts’ expectations of $41.51 million. During the same period last year, the business posted $0.14 earnings per share. The firm’s revenue was up 9.0% compared to the same quarter last year.
A number of brokerages have issued reports on XOXO. B. Riley reaffirmed a “neutral” rating and set a $16.75 price target on shares of XO Group in a report on Sunday, August 6th. BidaskClub raised XO Group from a “hold” rating to a “buy” rating in a report on Friday. Roth Capital set a $21.00 price target on XO Group and gave the stock a “buy” rating in a report on Tuesday, August 1st. Zacks Investment Research downgraded XO Group from a “hold” rating to a “sell” rating in a report on Thursday, July 13th. Finally, ValuEngine raised XO Group from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $20.15.
Shares of XO Group (NYSE XOXO) opened at 18.07 on Friday. The stock has a market capitalization of $450.99 million, a PE ratio of 64.54 and a beta of 0.94. The firm has a 50-day moving average price of $17.99 and a 200-day moving average price of $17.61. XO Group has a 1-year low of $14.99 and a 1-year high of $20.99.
A number of hedge funds have recently made changes to their positions in XOXO. Trexquant Investment LP purchased a new stake in XO Group during the first quarter valued at $181,000. Parametric Portfolio Associates LLC increased its stake in XO Group by 3.5% in the first quarter. Parametric Portfolio Associates LLC now owns 47,376 shares of the specialty retailer’s stock valued at $815,000 after buying an additional 1,607 shares during the last quarter. Ameriprise Financial Inc. increased its stake in XO Group by 13.2% in the first quarter. Ameriprise Financial Inc. now owns 154,184 shares of the specialty retailer’s stock valued at $2,653,000 after buying an additional 17,975 shares during the last quarter. Comerica Bank increased its stake in XO Group by 3.3% in the first quarter. Comerica Bank now owns 27,415 shares of the specialty retailer’s stock valued at $485,000 after buying an additional 876 shares during the last quarter. Finally, Boston Partners increased its stake in XO Group by 2.2% in the first quarter. Boston Partners now owns 220,302 shares of the specialty retailer’s stock valued at $3,791,000 after buying an additional 4,660 shares during the last quarter. 83.50% of the stock is owned by institutional investors.
COPYRIGHT VIOLATION NOTICE: This report was originally posted by Community Financial News and is owned by of Community Financial News. If you are viewing this report on another publication, it was illegally copied and republished in violation of U.S. and international trademark and copyright laws. The original version of this report can be accessed at https://www.com-unik.info/2017/08/12/40-53-million-in-sales-expected-for-xo-group-inc-xoxo-this-quarter.html.
XO Group Company Profile
XO Group Inc is engaged in providing content and marketing solutions, targeted advertising programs, transactions and merchandise. The Company’s multi-platform brands guide couples through transformative life stages from getting married with The Knot, to moving in together with The Nest, to having a baby with The Bump, and helping bring celebrations to life with entertainment vendors from GigMasters.com Incorporated (GigMasters).
For more information about research offerings from Zacks Investment Research, visit Zacks.com
What are top analysts saying about XO Group Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for XO Group Inc. and related companies.